US$Chf has traded up to resistance at 0.9945 and looks set to head higher in coming days – depending on the NFP figure.
1 hour/4 hour indicators: Turning higher
Daily Indicators: Turning higher
Weekly Indicators: Neutral
Preferred Strategy: With both the short term and daily momentum indicators looking constructive we could see a run back to 1.0000 and possibly to 1.0040.
|1.0037||1 Nov high||0.9900||Minor|
|1.0000||Psychological||0.9854||6 Dec low|
|0.9965||(76.4% of 0.1137/0.9816)||0.9835||100 WMA /5 Dec low|
|0.9946||21 Nov high/Session high||0.9805||200 DMA|
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